UK real estate investment trust Land Securities has sold the Coppergate shopping centre in York to LaSalle Investment Management. The investment amount is said to be around £43 mln (EUR 57 mln). LaSalle has appointed regeneration specialists Centros to develop a long-awaited second phase of the 200,000 sq ft (18,580 m2) scheme. Plans by Land Securities to redevelop the land adjacent to the mall were halted after a public inquiry in 2003.
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